Volvo has dropped another hint about a potential Polestar-tuned version of the V40 compact hatchback.

Volvo has dropped another hint about a potential Polestar-tuned version of the V40 compact hatchback.

Rumors about a possible V40 Polestar have been circulating the Internet for almost three years and now Volvo's UK managing director Nick Connor expressed his desire to launch the hot hatch. Speaking to Top Gear magazine, Connor said there is a clear demand for such a version but they have to launch it at the right price as it's tricky to engineer small volume models such as this potential V40 Polestar.

If green-lighted for production, the vehicle will likely make use of a four-cylinder, 2.0-liter gasoline engine teamed up with an all-wheel drive system. A report from July 2014 indicated the engine will be both turbocharged and supercharged (as in the XC90) and will produce somewhere in the region of 315 bhp (234 kW). It should be enough for a 0-60 mph (0-96 km/h) run in less than 6 seconds and an electronically-capped 155 mph (250 km/h) top speed.  The Volvo V40 Polestar should also come with a paddle shift automatic transmission along with Brembo high-performance brakes and Öhlins shock absorbers.

This Polestar version could serve as the V40's swan song as an all-new model is expected to see the light of day sometime next year. It will ride on the newly developed C-segment Modular Architecture (CMA) co-developed with Geely and will spawn a plug-in hybrid version and a more rugged XC40 derivative scheduled to come out in 2018.

Note: Volvo V40 Polestar by RM Design render pictured.

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Volvo still considering hot V40 Polestar